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Top supermarket chain, major food maker being probed for suspected price fixing

Illustrative: People outside a Shufersal supermarket in Safed on April 6, 2020. (David Cohen/Flash90)
Illustrative: People outside a Shufersal supermarket in Safed on April 6, 2020. (David Cohen/Flash90)

The Israel Competition Authority raids the offices of the country’s largest supermarket chain and a major food and beverage manufacturer on suspicion of price fixing.

A number of top officials at Shufersal and Strauss Group, including the former’s CEO Itzik Abercohen, are interrogated as part of the investigation.

Shufersal confirms to the stock exchange that Abercohen is under investigation and says documents and computer equipment were taken from the supermarket chain’s offices during the raid.

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